Montréal - On May 28, 2014, the Bureau de décision et de révision (the "Bureau") approved an agreement whereby Jean-François RoyThe respondent Jean-François Roy should not be confused with Jean-François Roy who holds certificate 129 793 in accident and sickness insurance with JF Roy Inc. and Sécurigroupe Inc., nor with Jean-François Roy who holds certificate 178 808 in insurance of persons with Services d'assurance I.G. Inc. and is registered as a dealing representative (mutual fund dealer) with Investors Group Financial Services Inc., who are not targeted by these proceedings. has undertaken not to pursue activities as a securities or derivatives adviser without being duly registered, to withdraw all advertising soliciting lenders or investors, and to pay an administrative penalty of $4,000.
The matter was uncovered through the AMF's cyber-surveillance team that noted on-line ads in which Jean-François Roy solicited lenders or investors to raise funds for the purpose of trading on derivatives and securities markets via his personal account or self-directed accounts held by these lenders or investors.
The Autorité des marchés financiers is the regulatory and oversight body for Québec's financial sector.
- 30 -
Sylvain Théberge: 514-940-2176
Québec City: 418-525-0337
Twitter: @lautorite This link will open in a new window